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from $1,5501 to 2 Bedroom Apartments Available Feb 21
Old Orchard Residences
10104 Old Orchard CtSkokie, IL 60076
Top Rated Cheap Apartments for Rent in Chicago, IL from $400 (290 Rentals)Page 6 of 6
Apartments in Chicago with the best features, newest construction, and richest amenities.
Search the lowest-cost Apartments available for rent right now in Chicago.
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Rent Specials
from $1,551Studio to 2 Bedroom Apartments Available Now
The Residences at Sawmill Station
6701 Dempster StMorton Grove, IL 60053
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from $1,5571 to 2 Bedroom Apartments Available Now
Ashton Arlington Heights
2302-2416 S Goebbert RdArlington Heights, IL 60005
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from $1,5951 to 2 Bedroom Apartments Available Now
910-916 Judson
910-916 Judson AveEvanston, IL 60202
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Chicago, IL Local Guide
How much does it cost to rent an apartment in Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago Studio Apartments | $2,113 | $530 | $10,000+ |
| Chicago 1 Bedroom Apartments | $2,628 | $750 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,356 | $875 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,968 | $675 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,059 | $775 | $10,000+ |
| Chicago 5 Bedroom Apartments | $3,359 | $910 | $4,995 |
| Chicago 6 Bedroom Apartments | $4,800 | $4,800 | $4,800 |
Explore Chicago
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If you’re an expert on all things Chicago, tell us what you love (and don't) by rating it and writing a review.
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Getting Around Chicago, IL
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
66 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Chicago Apartments
What is the Cheapest Studio apartment in Chicago?
Currently the most affordable Cheap Studio Apartment in Chicago is at One Superior Place listed at $380.
How much is rent for a Cheap One Bedroom Chicago Apartment?
The lowest price for a Cheap One Bedroom Chicago Apartment is $750 at Chatham Park Village-Cooperative (Membership).
What is the lowest price for a Cheap Two Bedroom Chicago Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Chicago is starting from $890 at 7131-45 S Yates Blvd.
What is the most affordable Chicago Three Bedroom Apartment?
The best deal on a cheap Chicago Three Bedroom Apartment rental is at Southland Village and starts from $1,100.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.